1 BIRMINGHAM STREET,

BENONI, GAUTENG

LIGHT INDUSTRIAL PROPERTY

FOR SALE

WEB REF NO.: SALE-000120

ADDRESS: 1 Birmingham Street, Benoni South Extension

CONTACT: Terry Munsamy | +27 82 469 2666 | +27 31 574 7600 | tmunsamy@in2assets.com

PRICE: POA

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1 Birmingham Street, Benoni, Gauteng CONTENTS

PROPERTY DESCRIPTION 2 PROPERTY LOCATION 3 PICTURE GALLERY 4 ADDITIONAL INFORMATION 14

DISCLAIMER: Whilst all reasonable care has been taken to provide accurate information, neither Strauss Asset Solutions KZN (Pty) Ltd t/a In2assets.com nor the Seller/s guarantee the correctness of the information, provided herein and neither will be held liable for any direct or indirect damages or loss, of whatsoever nature, suffered by any person as a result of errors or omissions in the information provided, whether due to the negligence or otherwise of Strauss Asset Solutions KZN (Pty) Ltd t/a In2assets.com or the Sellers or any other person. The Consumer Protection Regulations as well as the Rules of Auction can be viewed at www.In2assets.com or at Unit 504, 5th Floor, Strauss Daly Place, 41 Richefond Circle, Ridgeside Office Park, Umhlanga Ridge. Bidders must register to bid and provide original proof of identity and residence on registration.

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1 Birmingham Street, Benoni, Gauteng PROPERTY DESCRIPTION

General

Property Address: 1 Birmingham Street,

Township, Province & Country: Benoni, Gauteng, South Africa

Title deed information

Title Deed No.: T42762/2013

Registered Owner: IFBA Family Trust

Title Deed Description: Portion 2 of Erf 2787 Benoni South Extension

Extent: 2793 m²

Street Address / Known As: 1 Birmingham Street, Benoni, Gauteng

Municipal information

The local authority in which the property is situated is the Ekurhuleni Municipality. According to the

permitted zoning scheme the property is zoned as follows:

Town Planning Information

Zoning: Industrial 1

F.A.R: N/A

Coverage: 70%

Height: 2 Storeys

Building Lines: 6m

Side Space: N/A

Rear Space: N/A

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1 Birmingham Street, Benoni, Gauteng PROPERTY INFORMATION & LOCATION The subject property is located within the boundaries of the Ekurhuleni Metropolitan Municipality, in the Gauteng Province. It is situated within the Central Business District (CBD) of Benoni. Benoni Central is known for residential accommodation along the western periphery, general business in the central parts and industrial use on the eastern periphery. The subject property is located in the southern parts of Benoni Central at number 1 Birmingham Street. This section of Benoni predominantly offers light industrial properties with smaller type workshops. Good demand exists for smaller type industrial accommodation in Benoni. High demand can also be attributed to easy access to neighboring towns and freeways. The N12 National Freeway is situated just north of the subject property and provides easy access to neighboring towns including the CBD of Johannesburg and surrounds.

SUBJECT PROPERTY: 1 Birmingham Street, Benoni

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1 Birmingham Street, Benoni, Gauteng PICTURE GALLERY

SITE DEVELOPMENTPLANS

249 MAIN ROAD, SUNDUMBILI, KZN

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1 Birmingham Street, Benoni, Gauteng ADDITIONAL INFORMATION Primary Use

The subject property is ideal for manufacturing, warehousing or distribution with great exposure off the busy

main road. Immediate occupation is available.

As per Title Deed this property is subject to a servitude in perpetuity 23 m² in extent, for an underground

electric cable in favor of the Ekurhuleni Metropolitan Municipality. No liquor of any sort to be sold on the

property as per Title Deed.

Expenses

The annual assessment rates for the year 2015/2016 amounts to R 58 788.00 which equates to a monthly

figure of R 4 899.00.

Vat Status

The Seller is Vat registered.

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